5437 Thomas Lane
About This Property
Split floor plan and elegant granite counter tops throughout make this home perfect all around! Backyard covered porch is 16x10 and ideal for outdoor entertaining. Home is nestled near Trinity River District and just minutes from Downtown FW, Lockheed Martin, NAS JRB, 7th Street and Cultural District. You won't want to miss out on this home. Schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Compass RE Texas, LLC | $255,000 | |
| Listed by Compass RE Texas, LLC | |||
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Updated Price! 5437 Thomas is ready for you to call it “yours”! Major upgrades to electric wiring, hot water heater, HVAC, and plumbing all in 2020. A new roof and gutters installed in 2021, ensuring worry-free living for years to come. Enjoy the modern finish outs and coziness this home provides. Schedule a showing today!
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| Sep 2, 2021 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by Jason Mitchell Real Estate | $237,500 | |
| Listed by Jason Mitchell Real Estate | |||
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Come and see this home that was beautifully remodeled in 2019! Featuring new windows, all new plumbing, and exceptional hand scraped hardwood floors throughout common areas!
Split floor plan and elegant granite counter tops throughout make this home perfect all around! Backyard covered porch is 16x10 and ideal for outdoor entertaining. Home is nestled near Trinity River District and just minutes from Downtown FW, Lockheed Martin, NAS JRB, 7th Street and Cultural District. You won't want to miss out on this home. Schedule your private showing today!
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About River Oaks Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017